When you buy a house through Buyer Rebates Realty the rebate is typically applied towards your closing costs or you will get a rebate check, usually thousands of dollars. That’s right, you, the real estate buyer, actually get money back.
The amount of the rebate varies according to the actual commission Buyer Rebates Realty receives from the seller.
Broker commissions are not set by law and are fully negotiable.
Estimate Your Rebate. If Buyer Rebates Realty receives a 3% commission
The rebate in the chart below is based on the seller (or builder) paying Buyer Rebates Realty a 3% commission.
PURCHASE REBATE BASED ON
PRICE 3% COMMISSION
$400,000 $6,000
$500,000 $7,500
$750,000 $11,250
$1,000,000 $15,000
$1,500,000 $22,500
$2,000,000 $30,000
$3,000,000 $45,000
Where does the money I receive (the rebate) come from?
If the seller pays a 6% commission, 3% may go to the seller’s listing agent/broker and 3% may go to the buyer’s agent/broker. Broker commissions are not set by law and are fully negotiable.
Transaction example:
However, when working with Buyer Rebates Realty, there is one additional step. In the transaction example above, the 3% paid by the seller to Buyer Rebates Realty is then split with you the homebuyer.
Transaction example using Buyer Rebates Realty:
Does the rebate program apply to new home construction?
Yes it does, to both new home construction and new home communities. Buyer Rebates Realty must be your "registered" Realtor at the new home community in order for us to get paid a commission and then in turn, to be able to pay you a rebate. We prefer to be with you when you visit a new home community and we will handle the registration at that time. However, if you visit a new home community without us, be sure to tell the community / builder site agent that Buyer Rebates Realty told you about the community and that Buyer Rebates Realty is your real estate agent. This is especially important if you complete a community / builder registration form. WE MUST BE PRESENT BEFORE YOU DO A LOT DEPOSIT OR ENTER INTO A CONTRACT.
Does the rebate program apply to homes on the Multiple Listing Service (MLS)?
Yes it does. However, we MUST be the first real estate agent to show you the inside of the home. Feel free to “drive by” and check out the house and neighborhood, but if you want to see inside the home, call us! If another real estate company shows you the home, that home will not qualify for the rebate. Please remember that we are a full service real estate company and we are more than happy to show you homes.
Are rebates legal in Florida?
Absolutely. Here is a link to Florida Administrative Code 61J2-10.028(2) discussing real estate rebates.
Let's Get Started!
We are available 7 days a week to show homes,
answer questions and provide step-by-step guidance. Please contact us,
Call us at 407-629-2300 or toll free at (800) 726-8448 or
Email: BuyerRebatesRealty@gmail.com